Tag: USDN

Key Points: The plan to make USDN a multi-collateral asset with a soft peg has been endorsed by the Neutrino community. Now, in addition to WAVES, USDN will also be…

Despite recent claims that Neutrino USD is not intrinsically linked to Waves , the recent troubles of the algorithmic crypto-collateralized stablecoin led to a severe decline in the value of…

On the Waves Tech weekly community AMA on December 23, Waves CEO Sashi Ivanov revealed the USDN revival plan, involving turning USDN into a multi-collateralized asset, a soft-pegged asset —…

There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down.

The long-term readings for WAVES are bearish due to breakdowns from crucial support levels. Moreover, the USDN stablecoin depeg has aided this downward movement.

A brilliant trader bags $113,000 by trading USDN amid the stablecoin depegging to $0.51. The USDN woes brought blessings to one smart trader who bagged $113,000 in a successful trade…